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Segment Information (Tables)

6 Months Ended

Jun. 30, 2021

Segment Reporting [Abstract]

Summarized Financial Information

Summarized financial information for Quanta’s reportable segments is presented in the following table (in thousands):

						Three Months Ended												Six Months Ended
						June 30,												June 30,
						2021						2020						2021						2020
Revenues:
Electric Power Infrastructure Solutions						$	2,147,775					$	1,792,918					$	4,207,895					$	3,559,945
Underground Utility and Infrastructure Solutions						852,041						713,313						1,495,502						1,710,381
Consolidated revenues						$	2,999,816					$	2,506,231					$	5,703,397					$	5,270,326
Operating income (loss):
Electric Power Infrastructure Solutions (1)						$	236,899					$	183,896					$	435,934					$	312,654
Underground Utility and Infrastructure Solutions						23,937						21,250						32,750						52,527
Corporate and Non-Allocated Costs						(99,185)						(92,230)						(193,304)						(171,528)
Consolidated operating income						$	161,651					$	112,916					$	275,380					$	193,653
Depreciation:
Electric Power Infrastructure Solutions						$	37,084					$	28,987					$	73,729					$	57,700
Underground Utility and Infrastructure Solutions						21,138						21,432						42,225						42,967
Corporate and Non-Allocated Costs						4,535						4,107						8,910						8,269
Consolidated depreciation						$	62,757					$	54,526					$	124,864					$	108,936

(1)    As of December 31, 2020, Quanta had substantially completed the exit of its operations in Latin America. For the three and six months ended June 30, 2020, Electric Power Infrastructure Solutions operating income included $15.2 million and $31.5 million of operating losses related to Latin American operations.

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- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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-Name Accounting Standards Codification
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